Rolling coverage of the latest economic and financial newsLatest: Military arrives at Buncefield oil depotPetrol retailers: South-east still seeing shortages, but rest of county improvingPRA: Could take 10 days to rebuild forecourt stocksEconomist: Pub…
UK business confidence ‘falls off a cliff’, as fuel crisis enters second week – business live
Rolling coverage of the latest economic and financial news, and the UK’s supply chain crisisUK business confidence collapses as fears of ‘stagflation’ growNearly half of UK’s independent petrol stations still lack fuelBritain facing mass cull of pigs d…
UK petrol stations show ‘very tentative signs of stabilisation’, says transport secretary – business live
Rolling coverage of the latest economic and financial news, as the UK’s supply chain crisis continuesLatest: Grant Shapps says ‘signs of stabilisations’ in petrol storageShapps: don’t fill up water bottles with fuelIntro: More queues and shortages at p…
Bank of England warns energy price surge will push inflation over 4%– business live
Inflation expected to rise ‘slightly over 4%’ in the final quarter of this year, as energy and goods prices surgeLatest: Bank predicts CPI inflation will rise over 4%MPC leaves rates on hold, but two policymakers want to end QE earlyBank says case for …
Markets rally as Evergrande fears ease; CO2 prices to rise sharply – business live
Rolling coverage of the latest economic and financial newsLatest: Supply chain problems to hit Germany’s recoveryCO2 prices to jump, government warnsFull story: Bailout of US CO2 supplier will cost UK taxpayers ‘millions’Evergrande strikes deal over on…
British retail sales fall unexpectedly in August – business live
Rolling coverage of the latest economic and financial newsRetail sales fell 0.9% in AugustSupply chain problems hit retailersFood store sales drop as more people dine outTravel shares jump on reports of restrictions easing 9.09am BST The slide in iron …
UK GDP: growth stalls as rising virus cases and shortages hit recovery – business live
Rolling coverage of the latest economic and financial newsBREAKING: UK GDP rose just 0.1% in JulyService sector and manufacturing stalledONS: staff shortages a factorConstruction output fell as firms struggle to source raw materialsIntroduction: UK’s J…
European Central Bank slows pandemic stimulus; US jobless claims at pandemic low – business live
Rolling coverage of the latest economic and financial newsLatest: ECB slows PEPP stimulus programmeLagarde: The lady isn’t taperingGrowth and inflation forecasts nudged upEarlier:More UK firms struggle to find workers, as costs riseLack of candidates a…
Halfords bike business suffers supply chain disruption; Delta variant fears hit markets – business live
Rolling coverage of the latest economic and financial newsIntroduction: Halfords says supply chain disruption hurting bike businessFactory constraints, transport disruption and staff shortages citedEuropean markets fall as amid slowdown worriesAmazon U…
Bank of England’s Saunders says interest rates may rise next year – business live
Rolling coverage of the latest economic and financial newsLatest: Cleaning company McBride hit by raw material cost surgeIntro: China’s exports beat forecasts in August, up 25.6%Trade accelerates despite virus and supply chain disruptionAnalyst: Christ…